4476

Lookout Incline Railway Company Stock Certificate, #1 [134676]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:30.00 USD Estimated At:60.00 - 100.00 USD
Lookout Incline Railway Company Stock Certificate, #1  [134676]
SOLD
80.00USDto d*******f+ buyer's premium (20.00)
This item SOLD at 2022 Feb 27 @ 14:27UTC-8 : PST/AKDT
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Inc. in Tennessee. Stock certificate number 1, issued for 96 shares to William L. Chrisman in February 1913. Signed by the president CW Clark and the secretary. Punch cancelled. Green border and background, black print, and stub attached. 7 x 13.5" The company was chartered in 1887 and started operations in 1889, running from Chattanooga, Tennessee to the Lookout Inn, a hotel at the summit of Lookout Mountain, Tennessee. The railroad was apparently not a financial success as it was abandoned in 1899. It was subsequently purchased by the Chattanooga Railway and Light Company and rebuilt for electric streetcar operation in 1913.

Date: 1913
Country (if not USA):
State: Tennessee
City: Lookout Mountain
Provenance: Bill McKivor Collection